In 2023, the COVID-19 pandemic is no longer a strong factor in the performance of staples foods, with the category now being impacted by global inflation. However, as Angola is a country that benefits from exports, the country is benefiting from being able to increase its prices for international consumers.
In 2023, due to consistent decreases in inflation and the government's efforts to curb the escalation of prices for essential products, there has been a decline in prices, particularly for national brands. Consequently, purchasing power has increased, contributing to a rise in sales levels over the past year.
Most Angolan people consume three meals per day – breakfast, lunch and supper. Lunch is usually considered to be the most important meal of the day, not least as supper tends to be taken quite late, often as late as 2200hrs.
In February, inflation experienced a decline, registering a rate lower than that of January. This marked the lowest inflation rate recorded since August 2015.
Independent small grocers, supermarkets and outdoor markets are the most popular retail channels for purchasing staple foods. Traditional channels such as independent small grocers and open markets are usually preferred by low-income consumers and this is because these channels generally offer products at the lowest prices as well as being located in closer proximity to their homes and workplaces.
Over the forecast period, demand will be significantly influenced by the levels of national production and inflation. These factors will play a crucial role in determining potential alterations in prices.
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Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
See All of Our DefinitionsThis report originates from Passport, our Staple Foods research and analysis database.
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